305 W 13 ST TX 78701
| Owner | SHELLEY PROPERTIES LLC |
|---|---|
| Parcel ID | 0208011502 |
| Short ID | 196872 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 2,754 SF |
| Land SF | 7,360 SF |
| Acres | 0.169 |
| Year Built | 1924 |
| Legal | LOT 9 BLOCK 149 ORIGINAL CITY |
| Neighborhood | 59CBD |
| Land | $2,944,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,944,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $2,440,817 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,440,817 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,440,817 |
| Taxable Value | $2,440,817 |
|---|
Appreciation: Market value has risen +55.2% from $1,572,257 (2021) to $2,440,817 (2025), a CAGR of 11.6% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Commercial parcel countywide rose +24.1%, so this parcel has outpaced the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $49,951. Austin ISD is the largest single contributor, at 43.6% of the total 2025 levy.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. This is valued using the income approach, so changes in rent roll or occupancy move the appraisal more directly than they would for a cost-approach property.
Value Composition: Land carries 121% of market value ($2,944,000 land vs $0 improvements), about $400/SF of land. With value concentrated in the land under a ~102-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $2,440,817, this parcel sits in the upper-middle (50th–75th percentile) of Commercial property in Travis County — county median $1,417,484 (P25 $649,268 / P75 $3,347,260, n=13,608). Commercial here is the broad TCAD category — every commercial property countywide, any size or use — not a use-code-specific peer group. See the Peer Set and the Where This Property Stands benchmark below, which narrows to this property's actual use code, for parcel-level comparables.
Forward Outlook: Holding the +11.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,229,605 by 2030, with an estimated annual tax burden around $74,049. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
No delinquent taxes on record.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,754 SF | ✗ |
| 1ST | 1st Floor | 1,826 SF | ✓ |
| 2ND | 2nd Floor | 928 SF | ✓ |
| 041C | GARAGE ATT 1ST COMM | 768 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 485 SF | ✗ |
| 512C | DECK UNCOVRED COMM | 56 SF | ✗ |
| 522C | FIREPLACE COMM | 1 SF | ✓ |
Market value changed by 87% in 2026, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $22,582.44 | $22,582.44 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $12,790.30 | $12,790.30 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,173.69 | $9,173.69 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,880.73 | $2,880.73 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,523.80 | $2,523.80 | Paid |
| P2U | — | — | — | — | — | — | $1,795.26 | $1,795.26 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $51,746.22 | $51,746.22 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,440,817 | $2,440,817 | +0.0% |
| Assessed Value | $2,440,817 | $2,440,817 | +0.0% |
| Land Value | $3,312,000 | $2,944,000 | +12.5% |
| Improvement Value | — | — | — |
| Taxable Value | $2,440,817 | $2,440,817 | +0.0% |
| Total Tax 2026 = estimate |
~$49,951
Estimated
|
~$51,746
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,553,554 | $2,440,817 | -2,112,737 (-46.4%) |
| Taxable Value | $2,928,980 | $2,440,817 | -488,163 (-16.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,440,817 | $3,312,000 | — | — | $2,440,817 | $2,440,817 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,440,817 | $2,944,000 | — | — | $2,440,817 | $2,440,817 | ~$51,746 | Partial |
| 2024 | $2,440,817 | — | — | — | $2,440,817 | $— | $50,168 | Verified |
| 2023 | $1,631,138 | — | — | — | $2,440,817 ! | $— | $45,956 | Verified |
| 2022 | $1,631,138 | — | — | −$527,138 | $1,104,000 | $— | $33,345 | Verified |
| 2021 | $1,572,257 | — | — | −$468,257 | $1,104,000 | $— | $36,636 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +86.6% ! | +20.0% | 64.3% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 2.0600% | Verified |
| 2023 | +49.6% | +49.6% | ~100% | 1.8800% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 2.0400% | Verified |
| 2021 | base year | — | ~100% | 2.3300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +49.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +10.7% | +11.6% | +49.6% | 2024 | +0.0% | 2023 |
| Assessment Ratio | 100.0% | 97.9% | — | 149.6% | 2023 | 67.7% | 2022 |
| Effective Tax Rate (2025) | 2.1200% | 2.1200% | — | 2.1200% | 2025 | 2.1200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$51,746 | $43,570 | ~$63,686 | $51,746 | 2025 | $33,345 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,724,508 | ~$2,684,899 | ~2.0139% | ~$54,072 | +11.6% |
| 2027 | ~$3,041,173 | ~$2,953,389 | ~1.9814% | ~$58,518 | +24.6% |
| 2028 | ~$3,394,642 | ~$3,248,727 | ~1.9488% | ~$63,312 | +39.1% |
| 2029 | ~$3,789,195 | ~$3,573,600 | ~1.9163% | ~$68,481 | +55.2% |
| 2030 | ~$4,229,605 | ~$3,930,960 | ~1.8837% | ~$74,049 | +73.3% |
| 2026 | ~$2,675,692 | ~$2,675,692 | ~2.0465% | ~$54,758 | +9.6% |
| 2027 | ~$2,933,169 | ~$2,933,169 | ~2.0465% | ~$60,027 | +20.2% |
| 2028 | ~$3,215,422 | ~$3,215,422 | ~2.0465% | ~$65,803 | +31.7% |
| 2029 | ~$3,524,835 | ~$3,524,835 | ~2.0465% | ~$72,135 | +44.4% |
| 2030 | ~$3,864,023 | ~$3,864,023 | ~2.0465% | ~$79,077 | +58.3% |
| 2026 | ~$2,773,325 | ~$2,684,899 | ~1.9977% | ~$53,635 | +13.6% |
| 2027 | ~$3,151,129 | ~$2,953,389 | ~1.9488% | ~$57,557 | +29.1% |
| 2028 | ~$3,580,401 | ~$3,248,727 | ~1.9000% | ~$61,726 | +46.7% |
| 2029 | ~$4,068,152 | ~$3,573,600 | ~1.8512% | ~$66,154 | +66.7% |
| 2030 | ~$4,622,349 | ~$3,930,960 | ~1.8024% | ~$70,850 | +89.4% |
In 2025, this property's market value of $2,440,817 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +72% above the county median of $1,417,484. Commercial here is the broad TCAD category — every commercial property countywide, any size or use — not a use-code-specific peer group. Use the Use Code filter above to narrow to this property's actual type.
| Year | This Property | Bottom 25% | Median | Top 25% | Position | Group YoY |
|---|---|---|---|---|---|---|
| 2025 | $2,440,817 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,440,817 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,631,138 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,631,138 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,572,257 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above median | base yr |
Estimate only. The appraisal district sets value as of Jan 1 (not at sale price). A sale is strong evidence of market value and is typically reflected in the next Jan 1 valuation. Taxing units set rates annually. Modeled from government data — not a legal or tax opinion.